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The commercial espresso machines market size is forecast to increase by USD 1,028.16 million with a growth at a CAGR of 8.56% between 2023 and 2028. The growth rate of the market depends on several factors such as the rising demand for customizable espresso-based beverages, the rise in cafe and specialty coffee shop businesses, and the growth in coffee consumption.
The report includes a comprehensive outlook on the Commercial Espresso Machines Market, offering forecasts for the industry segmented by Product, which comprises manual, semi-automatic, and fully-automatic. Additionally, it categorizes End-user into cafes and restaurants, hotels, pubs and clubs, and others, and covers Regions, including Europe, North America, APAC, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.
Commercial Espresso Machines Market Forecast 2024-2028
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The global commercial espresso machines market is experiencing a surging demand for customizable espresso-based beverages, driven by an increasing consumer preference for unique coffee experiences, such as latte art and specialty espresso drinks. One of the factors contributing to the rising demand for customizable espresso-based beverages is the growing cafe culture in urban and metropolitan areas worldwide. For instance, in cities such as London and New York, there has been a proliferation of specialty coffee shops and artisanal cafes that showcase the artistry of espresso-based beverages. Customers are seeking more than a simple cup of coffee; they desire visually appealing and personalized drinks that reflect the skill and creativity of the barista.
Furthermore, social media platforms have played a significant role in popularizing customizable espresso-based beverages, particularly those featuring intricate latte art. Cafes and coffee establishments are leveraging platforms such as Instagram to showcase their unique creations, attracting a growing audience of coffee enthusiasts who are willing to pay a premium for visually stunning and Instagram-worthy coffee drinks. Thus, such factors are expected to increase the demand for commercial espresso machines, which will drive the growth of the global commercial espresso machines market during the forecast period.
Technological advancements in commercial espresso machines are revolutionizing the capabilities of the devices and enhancing the efficiency and precision of espresso preparation in commercial settings. One notable technological advancement is the implementation of programmable settings and digital interfaces in commercial espresso machines. These features allow baristas to precisely control extraction parameters such as water temperature, pre-infusion duration, and shot volume, enabling them to customize the flavor profile of espresso to suit specific coffee beans and customer preferences.
Moreover, the introduction of automated milk frothing systems in commercial espresso machines has streamlined the preparation of milk-based espresso beverages. Advanced machines are designed with integrated steam wands and temperature sensors, which automatically froth and texture milk to the desired consistency, reducing the reliance on manual techniques and improving the consistency of milk-based drinks such as lattes and cappuccinos. Thus, such factors are expected to increase the demand for commercial espresso machines, which will drive the growth of the global commercial espresso machines market during the forecast period.
A rising environmental threat is associated with commercial espresso machines as they generate more waste on a per-serving basis than traditional coffee packaging options. The waste management mechanisms across the world are not able to tackle the problem of the waste arising out of commercial espresso machines. In addition, materials such as plastic and aluminum are used in the manufacturing of commercial espresso machines, which negatively impact the environment.
Moreover, the waste management across the European Union is primarily regulated by the Waste Framework Directive or the 2008/98/EC Directive. The growing concern over environmental sustainability is driving national bodies, as well as state and local jurisdictions, to implement stringent laws and regulations on the use and proliferation of commercial espresso machines, which is a major challenge for the growth of the global commercial espresso machines market during the forecast period.
The manual and semi-automatic segment will account for a major share of the market's growth during the forecast period.?
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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